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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The low cost of gasoline in the US will yield similar results.

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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

According to a report by CleanTechnica , sales of electrified vehicles in May hit 31 percent of the overall market with 25 percent being fully electric vehicles. Meanwhile, fully-electric car sales grew by 91 percent. What do you think of the article? Do you have any comments, questions, or concerns?

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BYD teases bold Ocean-M electric car powered by its new EV platform

Baua Electric

Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD is launching new luxury models, mid-size electric EVs, and don’t forget all-electric supercars.

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Toyota plots an all-electric Highlander SUV, will the Tundra and Tacoma be next?

Baua Electric

After a slow start, Toyota is looking to shake things up with its next round of electric cars. Toyota’s second best-selling SUV in the US, the Toyota Highlander, is going fully electric. The Japanese automaker has been notoriously slow in transitioning to fully electric vehicles. of Toyota’s total sales.

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BYD sold a record 342K NEVs in July, but EV sales slipped

Baua Electric

Although BYD’s EV sales fell slightly in July, PHEVs continued building momentum after setting a new record for the fifth straight month. Although EV sales fell 10% from June (145,179), BYD still sold 130,000 fully electric vehicles last month. This is BYD’s fifth straight month of PHEV sales growth.

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

BYD achieves second highest sales record in May After hitting a new electric vehicle (EV) weekly sales record in early May, BYD is not slowing down. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record. This is the third straight record PHEV sales month.

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

With 331,817 new energy vehicles (EVs and PHEVs) sold in May (+38% YOY), BYD posted its second-highest sales month ever. Of them, nearly 146,400 were fully electric. BYD has sold 580,974 all-electric vehicles so far this year, up 19% compared to the 488,600 sold a year ago. Powered by a 29.58

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